Role
Michael is the director of the Centre of the Built Environment.
He provides academic leadership in mentoring new researchers and PhD students.
Career overview
Michael has supervised dissertations and PhDs in real estate economics and has provided supervision on topics covering market analysis, investment and international real estate markets and finance.
Research areas
Real Estate Economics Investment and Development
Michael's research interests are in the field of real estate market analysis. Within this area he has undertaken research in regional, national, and international commercial real estate markets. Michael's research has also analysed residential markets in the UK and in EU countries. This body of work has developed theoretical and policy issues in examining market behaviour. The theoretical issues have related to market adjustment processes over time, spatial interactions across locations, and the separation of long and short run influences on market behaviour. The policy issues have related to addressing issues such as housing affordability for government bodies, investment performance for private institutions, and policy and market interaction for quasi government institutions.
Much of this research has received funding from a range of sources. These include Chesterton Structured Finance, RICS Education Trust, the Housing Research Foundation, the Fannie Mae Foundation, Scottish Widows Investment Partnership, CLG, and NHPAU.
More recently Michael's research has been examining real estate exposure of state pension funds and real estate investment strategies. He has on-going research projects that are being funded by CLG, NHPAU, and Scottish Widows Investment Partnership.
Michael is also currently working research projects on real estate bubbles, on international property finance and city office markets for investment diversification. He also organised the European Real Estate Society 2012 conference held in Edinburgh.
External activity
Michael has organised ESRC workshops on property and planning and is currently board member of the European Real Estate Society. He is the economics advisor to the International Journal of Housing Policy.
Publications
Full list of publications can be found by clicking on 'go to publications' link above.
Selected publications:
CUMBERS, A., MCMASTER, R., CABACO, S., & WHITE, M. J. (2019). Reconfiguring Economic Democracy: Generating New Forms of Collective Agency, Individual Economic Freedom and Public Participation. Work, Employment and Society.
WHITE, M. ORCID: 0000-0001-7508-7882 and PAPASTAMOS, D., 2018. A regional analysis of house prices in Greece. Journal of European Real Estate Research. ISSN 1753-9269
KOBLYAKOVA, A. and WHITE, M., 2017. Supply driven mortgage choice. Urban Studies, 54 (5), pp. 1194-1210. ISSN 0042-0980
TALTAVULL, P. and WHITE, M., 2016. The sources of house price change: identifying liquidity shocks to the housing market. Journal of European Real Estate Research, 9 (1). ISSN 1753-9269
WHITE, M., 2015. Cyclical and structural change in the UK housing market. Journal of European Real Estate Research, 8 (1), pp. 85-103. ISSN 1753-9269
THANOS, S. and WHITE, M., 2014. Expectation adjustment in the housing market: insights from the Scottish auction system. Housing Studies, 29 (3), pp. 339-361. ISSN 0267-3037
WHITE, M. and KE, Q., 2014. Investigating the dynamics of, and interactions between, Shanghai office submarkets. Journal of Property Research, 31 (1), pp. 26-44. ISSN 0959-9916
Press expertise
- Commercial real estate markets
- Housing and commercial property markets and the macroeconomy
- Housing markets and housing economics
- Housing markets (the impact of interest rate changes)
- Real Estate investment.